Senior Product Owner - Fraud Detection and Prevention
Optum (company site, opens in a new tab)7+ yrsHyderabadOn-siteDirect career pageEst. 30–50 LPA
Posted 1d ago
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Job description
Structured overview of role & requirements
About This Role
- Own the full product lifecycle (strategy, design, development, management, end-of-life) for externally sold fraud detection and prevention products that generate revenue.
- Set and manage KPI targets related to fraud loss prevention, detection rate, false positives, and customer experience, making data-driven decisions to optimize performance.
- Partner cross-functionally with data science, engineering, risk, compliance, and operations to translate fraud typologies into product requirements and drive operational readiness for new fraud models or rules.
Minimum Requirements
- 7+ years of experience in product management, risk/fraud product management, or financial technology.
- Hands-on experience with fraud detection processes/applications such as transaction monitoring, fraud scoring/ML models, rules engines, or case management platforms.
- Solid knowledge of card payments, open-loop processing, and dispute/chargeback workflows related to fraud.
- Working familiarity with the competitive/vendor landscape for fraud detection solutions.
Ideal Candidate Profile
- Strategic thinker with deep understanding of fraud detection technologies and market dynamics, capable of influencing without direct authority.
- Experienced in applying complex fraud data and methodologies to articulate clear business cases and product requirements.
- Comfortable operating in a cross-functional environment requiring collaboration with compliance, risk, legal, and operational teams.